226 E 88th, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 1 bath
226 E 88th
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 226 E 88th, Los Angeles, California 90003 reveals a property with a current list price of $580,000, which is 4% above the estimated $555,299 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 E 88th Subject | $580,000* List Price | 3 | 1 | 984 | $564 | - |
A 427 W 92nd Street Sold | $605,000 | 1 | 1 | 832 | $727 | 0.7 mi |
B 347 E 102nd Street Sold | $550,000 | 3 | 1 | 895 | $615 | 0.9 mi |
C 137 W 84th Place Sold | $495,000 | 2 | 1 | 936 | $529 | 0.5 mi |
D 160 W 102nd Street Sold | $605,000 | 3 | 2 | 1,122 | $539 | 1.0 mi |
E 202 W 86th Place Pending | $555,888 List Price | 2 | 1 | 888 | $626 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1971, making it 53 years old. The listing's own analysis highlights its age and the potential need for 'significant updates or renovations to meet modern standards and preferences' for major systems and aesthetics. The presence of only one bathroom for three bedrooms indicates an outdated layout and functionality. Without any interior photos or mention of recent renovations, it's highly probable that the property requires substantial rehabilitation to meet current living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Urban Location
Situated in Los Angeles, a highly sought-after metropolitan area, offering access to diverse amenities, employment, and cultural opportunities.
- Single-Family Residence
As a standalone single-family home, it offers privacy, a yard, and greater appreciation potential compared to attached housing types.
- Functional Bedroom Count
With three bedrooms, the property is well-suited for families or individuals seeking extra space for guests, a home office, or hobbies.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Facilities
The presence of only one bathroom for a three-bedroom home can be a significant inconvenience for families or multiple occupants, potentially impacting daily functionality and resale appeal.
- Compact Interior Space
With 984 sqft, the interior living space is relatively small for a three-bedroom layout, which may lead to a cramped feel and limit furniture arrangement options.
- Age and Potential for Updates
Built in 1971, the property is over 50 years old, suggesting that major systems (plumbing, electrical, HVAC) and aesthetics may require significant updates or renovations to meet modern standards and preferences.
About 226 E 88th
Exceptional opportunity in Los Angeles. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 4,100 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 49% |
| Square foot | 984 | 1,100 | 39% |
| Lot Size | 4,100 | 5,206 | 24% |
| Price | $580.0K | $620.0K | 37% |
| Price per sq ft | $589 | $504 | 71% |
| Built year | 1971 | 1923 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 87 | 207 | 7% |
Pricing History
Listed for Sale
Dec 9, 2025
$580,000
Initial Listing
Sold
Dec 27, 2000
$142,500
Public Record
Sold
Mar 2, 2000
$97,500
Public Record
Sold
Apr 4, 1996
$129,000
Public Record